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India has resumed importing sunflower oil from Ukraine
12.10.2022
In September of this year, Ukraine increased the export of sunflower oil by 36% compared to August to a record 500,000 tons for this month. The recovery of supplies through the deep-sea ports of the Black Sea and the active work of sunflower processing enterprises in August-September made it possible to increase exports. EU countries (with a share of 37%) and Turkey (27%) remained the main buyers of Ukrainian sunflower oil in September. In addition, in September, India...
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Large reserves of palm oil in Malaysia and Indonesia will put pressure on vegetable oil markets for several months
12.10.2022
The slowdown of the world economy caused by the senseless war of the Russian Federation against Ukraine continues to reduce the demand for vegetable oils, which cannot be supported even by a sharp drop in prices, as the fortunes of the global population deteriorate against the background of rising prices for oil and energy. According to the Indonesian Palm Oil Association (GAPKI), thanks to the zeroing of the export duty by the end of October, in August the country increased its...
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Purchase prices for grains in Ukraine on October 12, 2022
12.10.2022
The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 1100 Mustard seeds 65000 Coriander 35000 Corn 6300 5357 200 ↑ 8 215 210 251 ↑ 4 Sunflower oil cake 2000 Oats 4800 ...
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Corn rises amid shelling, but improved Brazil crop forecast limits price gains
11.10.2022
The massive missile attack on Ukraine led to an increase in stock market quotations for raw materials. But if the prices of wheat rose by 5-6.5%, then those of corn - only by 2.2-3%, as traders took into account a possible reduction in supplies from Ukraine, which compensates for the projected increase in the harvest in Brazil. December futures for American corn on the exchange in Chicago yesterday rose by 2.2% to the level of the previous month - 274.9 $/t, in two weeks added...
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Wheat prices rose by 5-6.5%, and in Ukraine traders stopped purchases due to rocket attacks
11.10.2022
Reconfirming its identity as a terrorist state, Russia yesterday launched 85 rockets at peaceful Ukrainian cities, including 20 at Kyiv, killing dozens and injuring hundreds of people. The authorities of the Russian Federation presented this as a response to the destruction of the Crimean bridge, although there is no evidence that the Ukrainian special services were involved in the explosion. As expected, the wheat market reacted to this by increasing quotations by 5-6.5%,...
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Purchase prices for grains in Ukraine on October 11, 2022
11.10.2022
The weighted average purchase price of grains and oilseeds in Ukraine on CPT terminals, EXW elevators, CPT processors, FCA, CPT dollar, FOB, DAF, CIF Purchase prices in Ukraine EXW elevators, UAH CPT processor, UAH FCA, UAH CPT terminal, $ FOB, $ DAF, $ CIF, $ Wheat mill offals 1100 ↑ 400 Mustard seeds 65000 Coriander 35000 Corn 6300 ↑ 2750 5243 ↑ 5 192 215 210 252 ↑ 5 Sunflower oil cake 2000 ...
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The FAO food price index fell for the sixth month in a row
10.10.2022
The average value of the FAO Food Price Index (FPI) fell for the sixth consecutive month, falling 1.1% or 1.5p in September from August to 136.3p, down 5.5% or 7.2p exceeds the indicator of September 2021. At the same time, the CPI value for grain grew by 1.5% or 2.2 p to 147.8 p compared to August, which is 11.2% or 14.9 p higher than the September 2021 figure. World wheat prices rose by 2.2% in September due to uncertainty regarding the operation of grain corridors in the Black...
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Active export of vegetable oils from Ukraine contributes to the recovery of prices
10.10.2022
The war of the Russian Federation against Ukraine has been going on for the eighth month, which has led to the death of hundreds of thousands of people and the destruction of the economy and infrastructure, especially in the east and south. But Ukraine continues to fight and win. The oil and fat industry of Ukraine provides more than 20% of foreign exchange earnings, therefore the rapid reorientation of exports from closed ports to the western borders supported the work of...